Zerodha — largest unauthorized trade/square-off | |||||
Zerodha squares-off largest (78000 units of TATAMOTORS) unauthorized trade within 15 minutes of trade day while client got T+1 days. This caused the client a total loss of 84 Lakhs within a single transaction. The entire fault is due to Zerodha's liquidation. The issue has been dealt with NSE arbitration panel which found Zerodha guilty. They Zerodha appealed, the appeal panel again found Zerodha guilty o[censored]nauthorized trade. Zerodha again trying to litigate the matter in court witout providing relief to the client. Was this information helpful? | |||||
Zerodha customer support has been notified about the posted complaint. | |||||
11 Comments | |||||
Comments
My account opening form rejected then refund my charges
Zerodha may be good or bad. I don't care. All brokerages are worst. Some more some less. But this is complete fake.. May be other brokerages are sending it. 13th Aug 2017 was sunday you ###.. Don't think you can fool all the people all the time.. get some life.. also it moved only 30 rs that week.
It's fake story, Transaction date was 13/08/2017 and that day was Sunday. So there were no trades.
NSE arbitration panel backed this complaint.
And also grovalue company is also a fraud company they cheated more clients by over 1500 clients value as 1 lake each
Zeodha now does not care about people who referred clients under them
Zeorodha Tatamotors case is true
see this video:
https://www.youtube.com/watch?v=92GeDUqZznU
Zeorodha Tatamotors case is true
see this video:
https://www.youtube.com/watch?v=92GeDUqZznU
You must take appropriate steps to recover your lost money. They will take you all the way to Supreme Court. I am going to close my Zerodha account right now. I was thinking that, at least Zerodha won't indulge in such unauthorized trading, but now scared. I am fighting a similar case against India Infoline. These stock brokers will finish you off. If you want more guidance, then call me at nine eight three zero six four six four seven seven.
I am new user of zerodha ..Yesterday I bought 10 shares on IRB at the price of 73.30 rs each by choosing day option n in that price order is excuted fully ..but after the market close there is no any shares in my account...all shares are missing from my account...this is very bad ..my all shares are stolen
That was Sunday on said transaction day 13th August, 2017 and both exchanges were closed.
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I definitely say that this is to Blame Zerodha and looking to spread bad image about Zerodha..
You said, Client lost 84lakhs by Sqaure-off of 78000 units within 15minutes, all Readers .. Jus think once
Suppose even Zerodha Square-off 78000 units, the difference price will be 2-10rs Generally, Then loss might be 1.56lakhs to 7.8 lakhs,
Person saying 84lakhs loss, means Zerodha should sell with atleast 100rs difference, Does Tatamotors move 100rs in 15minutes.. Is it possible ?? or was it happened on Aug 13th 2017 ( Date mentioned on attached Image ) . This absolutely not happened and totally information..
People, Jus think is it really happened ..
These persons are trying to bring negative imapct by posting these silly news..
Hoping, Public are not believing these type of misguiding posts..
If this happened really, definitely this could be come in all Financial news papers openly..
Dont waste your time by making these silly Posts